The National Oil Corporation (NOC) is the national oil company of Libya. It dominates Libya's oil industry, along with a number of smaller subsidiaries, which combined account for around 70% the country's oil output. Of NOC's subsidiaries, the largest oil producer is the Waha Oil Company (WOC), followed by the Arabian Gulf Oil Company (Agoco), Zueitina Oil Company (ZOC), and Sirte Oil Company (SOC).
Read more about National Oil Corporation: Libyan Oil Sector: Overview, Operations, Upstream Activities, Exports, Energy Overview, See Also
Famous quotes containing the words national, oil and/or corporation:
“Maybe its understandable what a history of failures Americas foreign policy has been. We are, after all, a country full of people who came to America to get away from foreigners. Any prolonged examination of the U.S. government reveals foreign policy to be Americas miniature schnauzera noisy but small and useless part of the national household.”
—P.J. (Patrick Jake)
“To make a good salad is to be a brilliant diplomatistthe problem is entirely the same in both cases. To know exactly how much oil one must put with ones vinegar.”
—Oscar Wilde (18541900)
“The nearest the modern general or admiral comes to a small-arms encounter of any sort is at a duck hunt in the company of corporation executives at the retreat of Continental Motors, Inc.”
—C. Wright Mills (19161962)